# VARK

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vark

- Industry: Consumer Services
- Headquarters: Tokyo, Japan
- Website: https://corp.vark.co.jp
- Total disclosed funding: $15M
- Latest round: Series C (May 11, 2023)
- Investors on record: 11

## About

Based in Japan, VARK Inc. specializes in providing innovative technology solutions that enhance operational efficiencies for businesses across multiple sectors.VARK Inc., founded in 2017 in Tokyo, Japan, operates as a technology solutions provider focused on software platforms for data analytics and automation. The company has raised JPY 910 million in Series C funding on May 11, 2023, from investors including ANRI and JAFCO Group, bringing its total amount raised to JPY 910 million and current company valuation to JPY 8,482.296 million. The firm has completed six deals to date.VARK Inc. specializes in innovative technology solutions primarily focused on enhancing operational efficiencies across various industries. The company’s core product offerings include advanced software platforms designed for data analytics, automation, and system integration, which serve to streamline business processes and improve decision-making. These platforms are utilized by a diverse range of clients, including enterprises in the manufacturing, logistics, and healthcare sectors, allowing end-users to optimize their workflows and reduce operational costs. VARK’s products have been deployed in markets across North America, Europe, and Asia, catering to a global clientele that values technology to address complex challenges. The company's commitment to continuous improvement is evident in its regular updates and feature enhancements rolled out since their initial release.Revenue generation at VARK Inc. primarily stems from a subscription-based model, wherein clients engage in long-term partnerships to access the software solutions offered. Businesses typically sign annual contracts that provide them with access to the full suite of VARK's technology services, including dedicated support and regular software updates. The pricing structure accommodates various business sizes, ensuring that both small enterprises and large corporations benefit from their offerings. Flagship products feature tiered pricing plans that correspond to the specific needs and scale of the client’s operations, fostering a stable revenue stream.VARK Inc. plans to utilize the recent JPY 910 million funding raised in May 2023 to strengthen its product development and to provide new offerings. The company is focusing on expanding into new markets and geographic regions, although specific targeted markets and timelines have not been disclosed. Upcoming products are being designed to enhance their current offerings, contributing to their growth strategy.

## Funding rounds

- Series C, May 11, 2023, $6.7M — JAFCO Group, Mitsubishi UFJ Capital, SBI Investment, Sanren Capital, ANRI
- Series B, May 17, 2021, $5.5M — JAFCO Group, TBS Innovation Partners, Sega Sammy Holdings, Hakuhodo DY Ventures, DENTSU GROUP INC.
- Series A, Aug 7, 2019, $2.7M — Mitsubishi UFJ Capital, gumi ventures, ANRI, ANOBAKA

## Investors

- Mitsubishi UFJ Capital (https://capitalatlas.ai/funds/mitsubishi-ufj-capital) — Series A, Series C
- gumi ventures (https://capitalatlas.ai/funds/gumi-ventures) — Series A
- ANRI (https://capitalatlas.ai/funds/anri) — Series A, Series C
- ANOBAKA (https://capitalatlas.ai/funds/anobaka) — Series A
- JAFCO Group (https://capitalatlas.ai/funds/jafco-group) — Series B, Series C
- TBS Innovation Partners (https://capitalatlas.ai/funds/tbs-innovation-partners) — Series B
- Sega Sammy Holdings — Series B
- Hakuhodo DY Ventures (https://capitalatlas.ai/funds/hakuhodo-dy-ventures) — Series B
- DENTSU GROUP INC. — Series B
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series C
- Sanren Capital (https://capitalatlas.ai/funds/sanren-capital) — Series C